At 8 o'clock on February 27, Beijing time, the ChaiNext 100 index, which reflects the overall trend of the cryptocurrency market, reported 809.68 points, a decline of 8.37% in the past 24 hours, and a turnover of USD 112.919 billion. The transaction increased by 16.94% over the previous 24 hours. Six of them rose and 94 fell; the ChaiNext 5 index, which reflects the performance of blue-chip cryptocurrencies at the broader market, reported 702.79 points, a decline of 7.96% in the past 24 hours, and a turnover of 90.759 billion US dollars, a 16.81% increase in transactions over the previous 24 hours. BBI index) was reported at 80.63 points, down 2.69% over the past 24 hours; the USDT OTC Index (USDT OTC Index) was reported at 101.91 points, up 0.34% over the past 24 hours. The day before yesterday reminded the head and shoulders that the market was completely out of control yesterday. Firstly, the news that BTC's ETF might be approved in the early morning was later falsified, and then the broad market waterfall plummeted. At present, almost all mainstream currencies have broken, and there may be a rebound in the future, but the downward trend is difficult to stop.